The Estimated Inventory Returns account is a(n)

A) asset account.
B) liability account.
C) revenue account.
D) expense account.

Estimated Inventory Returns

An accounting estimation of goods that will be returned by customers or cannot be sold, affecting inventory valuation on the balance sheet.

Expense Account

An account that tracks the costs incurred by a company in its operational activities.

Asset Account

An asset account is a category in accounting that represents resources owned or controlled by a company that have future economic value.